The unemployment rate in Greece has reached 27 percent, according to statistics published February 14, meaning that one in four people who want to work can’t find a job. For young people it is even worse. Youth unemployment has hit 62 percent. Most people ages 15 to 24 in Greece who want to work are unemployed.
The unemployment figures for November 2012, published by the Hellenic Statistical Authority, show an economy with huge problems. Greece’s young people can expect to study, graduate, and then be unemployed. Getting a job is the exception, not the rule.